North Vancouver Apartment HPI
The MLS® Home Price Index (HPI) is modeled on the Consumer Price Index (CPI) which measures the rate of price change for a basket of goods and services, including food, clothing, shelter and transportation. Instead of measuring goods and services, the HPI measures the change in the price of housing features. Thus, the HPI measures typical, pure price change (inflation or deflation).
North Vancouver Apartment Average Sales Price
Calculations are based on MLS® sold data. Prices do not account for seller concessions. Median represents the point at which half of the homes that sold in a given month were priced higher and half were priced lower. Average is the mean sales price for all closed sales in a given month.
North Vancouver Apartment Inventory
The number of properties available for sale in active status at the end of a given month. Calculations are based on MLS® listing data.
North Vancouver Apartment Sales / Actives Ratio
Active inventory divided by the number of home sales in the period specified. Calculations are based on MLS® sold data.